Under the background of the slowdown in the global economic growth, the decline in profits of industrial enterprises has not stopped. The data released by the Bureau of Statistics yesterday showed that from January to August this year, the industrial enterprises above designated size achieved profits of 3.2281 trillion yuan, up 28.2% year-on-year, compared with 28.63% in the same period. Although the profits of industrial enterprises for six consecutive months, seven months, and eight months have maintained a relatively high growth rate, the rate of profit growth has fallen from 34.28% at the beginning of the year.
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